Updated Dec 20, 2023
Interra Realty Facilitates $3.4M Sale Of Multifamily Property In Chicago
4841 North Rockwell Street, Chicago, IL 60625, USA
$3,400,000
$431/SF
Building Size
7,880 SF
Asset Type
MultiFamily
Closing
Apr 28, 2021
About this deal
AI
The recently closed multifamily property transaction in Chicago involved a property located at 4841 N. Rockwell Street. The property consists of 18 residential units, with each unit having an average price per unit (PPU) of $188,888. The transaction took place on April 29, 2021, with a total sale price of $3,400,000. Craig Martin from Interra Realty served as the broker for this deal.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,400,000
- Address: 4841 N. Rockwell Street
- Market: Chicago
- Number of Units: 18
- Price Per Unit (PPU): $188,888
Craig Martin, representing Interra Realty, played a crucial role as the broker in facilitating this transaction.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93